@OMGTheMess This is because Albo is Trumps puppet. Albo agreed to invest a third of super into the US market. The tax changes are part of funnelling our money to US
@DavidOndrej1 have you tried replicating some of your previous work already completed using claude on chatgpt and deepseek? interested to hear your experiences.
Albanese pocketed millions offloading a $5M property portfolio using the 50% CGT discount. Then he bought a $4.3M Copacabana beach house to negative gear at $1,600 a week.
Once his own multi-millionaire wealth was entirely secure, he changed the tax laws for everyone else, conveniently grandfathering his own assets.
He looked Australians in the eye and lied.
He protects his own pockets while locking you out of the market.
Boot him out at the next election.
@RennickGBR agree, work towards a simpler system of very low personal income tax, 30% business/co. tax, and higher GST for everyone. remove govt subsidies, tax incentives, levies etc which will remove market manipulation. supply and demand sorts out values when the playing field is levelled.
@NoelWhittaker and they will... and the Albanese govt set this scheme up, all the while knowing they were going to rug pull CGT and negative gearing, which would inevitably affect property prices in a -ve way. Who does that to young people starting out on their property journey. unconscionable
@sockfeetrsrch@HeliumBlue currently producing ... Helium just got got headline news here in Australia saying it the govt is considering including it on hte 'critical' list. $BNL $BNL.AX may see old highs sooner than later
@PaulineHansonOz Pauline this is a smokescreen by the govt to deflect/cover up their diabolical mass immigration policy that is ruining Australia's culture and has driven housing prices to unsustainable levels. Its no too late to fix it though....